June Business Conditions Remain Unchanged from May while High Optimism for Next Six Months Ebbs Slightly

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America was unchanged in June at 50, a value that is just below the threshold for conditions typically associated with an environment conducive to business expansion. The EBCI for future North American conditions continued to signal widespread optimism even though the index slipped to 82.5 in June from 85.3 in May.

The National Electrical Manufacturers Association (NEMA) represents nearly 400 electrical, medical imaging, and radiation therapy manufacturers. Our combined industries account for more than 400,000 American jobs and more than 7,000 facilities across the U.S. Domestic production exceeds $117 billion per year. Our industry is at the forefront on electrical safety, reliability, resilience, efficiency, and energy security.